Core Competence

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See also Core Competency in Practice

The value of Core Competence means creating Strategic Assets at the firm level and depends on

  • Competitive Superiority
  • Appropriateness
  • Imitability

Uniquemess

Causal Ambuguity

Path Dependency

First Mover Advantage

  • Durability
  • Substitutability

Resources + Capabilities = Core Competences of the firm which compete with the Industry Porter's Five Forces

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